PGIM India Low Duration Fund Direct Plan - Dividend Weekly Payout is a Debt mutual fund scheme from PGIM India Mutual Fund. This scheme was launched on 01 Jan 2013 and is currently managed by its fund manager Kumaresh Ramakrishnan. It has an AUM of ₹78.76 Crores and the latest NAV decalared is ₹9.186 as on 07 Jun 2020 at 4:07 pm.

PGIM India Low Duration Fund Direct Plan - Dividend Weekly Payout scheme return performance in last 1 year is 7.63%, in last 3 years is 4.24% and 55.66% since scheme launch. The min. SIP amount to invest in this scheme is ₹5000.

Scheme Details

AUM:

₹78.76 Cr

Category:

Debt: Low Duration

Launch Date:

01 Jan 2013

Fund Type:

Open-End

Scheme Objective

About Fund Category

Low Duration Funds maintain a portfolio of high-rated debt and money market instruments. Since the portfolio has a Macaulay duration of around 6 to12 months, these funds try to achieve a balance of safety, liquidity and yield. Investors may find these funds suitable to earn regular income on short term surplus money.